Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.5% in the morning session after the stock’s negative momentum continued as reports surfaced of a dramatic drop in its China sales for October. The electric vehicle maker’s sales in China plunged to 26,006 vehicles, a three-year low that represented a 36% drop from the previous year…
Tesla is facing a noticeable slowdown in China, one of the world’s most competitive electric vehicle markets, reports GuruFocus. After months of strong growth, the U.S. automaker sold just over 61,000 cars built at its Shanghai factory in October, a nearly 10% drop from the same time last year. The slowdown highlights just how crowded…
Vietnamese automaker VinFast has outpaced Tesla in India’s electric vehicle (EV) market, signaling an early but significant shift in the country’s premium EV segment. According to October 2025 industry data, VinFast recorded 131 retail sales, surpassing Tesla’s 40 units for the same month. The VinFast VF7 and VF6 are brand’s first models for India While…
Slow Traffic, Then Sudden Fireball: CCTV Captures The Delhi Red Fort Blast That Killed At Least 10 A shocking CCTV video has revealed the precise moment of the Red Fort blast in Delhi. The clip shows normal traffic before a Hyundai i20 explodes, sending flames into the sky. Nine people have been confirmed dead. Investigators…
Author Joyce Carol Oates has stirred a new controversy with her ‘uneducated’ ‘uncultured’ comments for Tesla CEO Elon Musk. Questioning how the tech billionaire “never posts anything that indicates that he enjoys”, Oates shared a post on X (formerly Twitter) labelling Musk as “totally uneducated, uncultured.” While does not name anyone in the post, the…
This article first appeared on GuruFocus. Tesla (TSLA, Financials) is hitting turbulence in China. The company sold just over 26,000 vehicles there in October its weakest month in three years as fierce competition and cooling demand took a toll. That’s down nearly 36% from a year ago, according to the China Passenger Car Association. The…
The executive leading Tesla‘s Cybertruck business is leaving the Elon Musk-led automaker after eight years. Siddhant Awasthi, the program manager for Tesla’s Cybertruck and Model 3, said on LinkedIn that it wasn’t an easy decision to depart the company. He did not provide details on what he will be doing next. Awasthi said he began…
Elon Musk’s political lobbying is expected to wipe out about $1.4 billion in revenue for Tesla, according to Electrek — a shift that may affect electric vehicle buyers. Electrek links Tesla’s projected shortfall to regulatory changes by political candidates Musk has supported, noting that shrinking cleaner-vehicle incentive programs have reduced a revenue stream the company…
Electric vehicle maker Rivian has announced a compensation plan for CEO RJ Scaringe worth as much as $4.6 billion over the next decade. This follows the model established by Tesla CEO Elon Musk‘s record pay package and linking rewards to new profit targets and lower share price milestones than a previous deal. Rivian’s pay package…
International brands led by Tesla are intensifying their efforts to compete with Chinese electric-vehicle (EV) manufacturers like BYD, as they showcase advanced intelligence and autonomous-driving technology to attract visitors at the world’s largest import-export trade fair in Shanghai. The 12 major carmakers, including General Motors and Volvo, are leveraging the China International Import Expo (CIIE),…